Filing Details
- Accession Number:
- 0000914190-16-000520
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2016-01-14 17:20:50
- Reporting Period:
- 2016-01-12
- Filing Date:
- 2016-01-14
- Accepted Time:
- 2016-01-14 17:20:50
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1195116 | Arno Therapeutics Inc | ARNI | Pharmaceutical Preparations (2834) | 522286452 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1569002 | B Steven Ruchefsky | 200 Route 31 North Suite 104 Flemington NJ 08822 | Yes | No | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Acquisiton | 2016-01-12 | 2,876,633 | $0.35 | 4,472,905 | No | 4 | P | Indirect | By Commercial Street Capital, LLC |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | P | Indirect | By Commercial Street Capital, LLC |
Reported Derivative Holdings
Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|---|---|---|---|
Common Stock | Stock Option (right to buy) | $8.00 | 2020-11-05 | 3,750 | 3,750 | Direct | |
Common Stock | Stock Option (right to buy) | $2.40 | 2023-11-04 | 205,344 | 205,344 | Direct | |
Common Stock | Stock Option (right to buy) | $2.90 | 2024-01-24 | 34,224 | 34,224 | Direct | |
Common Stock | Stock Option (right to buy) | $0.85 | 2024-11-04 | 136,784 | 136,784 | Direct | |
Common Stock | Stock Option (right to buy) | $0.36 | 2025-11-04 | 48,399 | 48,399 | Direct | |
Common Stock | 2012 Series A Warrants (right to buy) | $1.36 | 2013-10-29 | 2017-11-26 | 1,531,861 | 1,531,861 | Indirect |
Common Stock | 2013 Series D Warrants (right to buy) | $2.14 | 2013-10-29 | 2018-10-29 | 1,285,046 | 1,285,046 | Indirect |
Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|
2020-11-05 | 3,750 | 3,750 | Direct |
2023-11-04 | 205,344 | 205,344 | Direct |
2024-01-24 | 34,224 | 34,224 | Direct |
2024-11-04 | 136,784 | 136,784 | Direct |
2025-11-04 | 48,399 | 48,399 | Direct |
2017-11-26 | 1,531,861 | 1,531,861 | Indirect |
2018-10-29 | 1,285,046 | 1,285,046 | Indirect |
Footnotes
- On January 12, 2016, Commercial Street Capital, LLC purchased 1,448,062 shares for cash consideration and was also issued 1,428,571 shares upon the automatic conversion of $506,821.92 of principal and accrued interest under a 6% unsecured convertible promissory note previously issued to Commercial Street Capital, LLC by the Issuer on October 21, 2015.
- The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
- Currently exerciseable.
- Vests in equal 36-monthly installments commencing 12/4/13.
- Vests in equal 12-monthly installments commencing 2/24/14.
- Vests in equal 36-monthly installments commencing 12/4/14.
- Vests in equal 36-monthly installments commencing 12/4/15.
- As a result of the Issuer's 1/12/16 private placement of common stock at $0.35/share, the exercise price and number of shares subject to the 2012 Series A Warrants and 2013 Series D Warrants were automatically adjusted to the exercise price and shares reflected, pursuant to anti-dilution adjustment provisions.